Divy It Up

Terms of Service

Divy It Up, LLC Terms and Conditions of Use

Last updated: March 31st, 2026

Divy It Up is a financial technology platform for group-based money movement, expense settlement, wallet funding, and user-directed transfers—a transactional wallet and tools for managing and settling shared expenses. We operate as a program manager and work with a partner bank so that funds supporting payments and settlement can be held in one or more pooled For Benefit Of (FBO) omnibus accounts and used solely to facilitate transactions between users and related account services. Divy It Up is a financial technology company, not a bank, and does not offer deposit accounts, savings accounts, or interest-bearing products. Debts and payments recorded on Divy It Up are informal coordination records, not legal advice or guaranteed contracts. We offer the Divy It Up service “as-is” without a warranty. Divy It Up® is a work-in-progress, so some features of our website and apps may not work exactly as planned. We may stop offering or restrict certain services or features at any time. Please be patient with us and we’ll always do our best to support you.

We will modify our Terms Of Use and Privacy Policy periodically and post the most current version on this webpage, https://www.divyitup.com/terms. Here are the policies:

Nature of the Wallet

The Divy It Up transactional wallet is provided for payment and settlement purposes only. It is designed so you can send, receive, and settle group-related funds in connection with the Service—not to store value long-term, earn a return, or replace a bank account or savings product.

User funds that pass through our program are held at a partner bank in a For Benefit Of (FBO) account for the benefit of program participants, as described in our program materials and partner arrangements. Divy It Up is not a bank and does not take deposits for interest or savings purposes. Custody and treatment of pooled funds are governed by our partner bank and applicable program documentation.

Funds do not earn interest for users, and you should not treat the wallet as a savings vehicle. Any balance shown reflects amounts available to support pending or completed transactions through the Service, not a deposit product or investment.

Divy It Up acts as program manager of the wallet program; movement of funds is for transactional settlement in line with these Terms and applicable program rules. If you need a traditional deposit or savings relationship, you should maintain that directly with a bank or credit union of your choice.

Terms Of Use

Who can use Divy It Up:

You may use our services only if you agree to these Terms of Service and to the processing of your information as described in our Privacy Policy. You may not use Divy It Up if you are barred from receiving services under the laws of the applicable jurisdiction, if we previously banned your account for violation of these terms, or if you are under the age of 13.

Description:

Divy It Up® (the Service) helps you track informal debts, expenses, and bills, coordinate group splits, and—where available—use a transactional wallet to send, receive, and settle payments. The Service keeps track of the sharing math, provides informal coordination features, and retains records as needed to operate the Service. Wallet balances reflect amounts held to facilitate transactions, not savings or yield. You agree that this service is provided AS-IS and on an AS AVAILABLE basis.

Informal debts:

The website allows users who share a group or are friends on the service to post debts and payments as they please, using wiki-style rules with no explicit permissions. These are calculated into a determination of debts by the Service. You agree that you understand these debts are not legally binding, and represent informal information sharing among roommates, friends, or family. You agree that the Service cannot guarantee the accuracy of information entered by users.

Conditions of use:

You agree that you will use the Service for its intended purpose, and in compliance with all applicable laws and regulations: local, state, and national, and international, as applicable. You agree not to use the service in a fraudulent, disruptive, aggressive, manipulative, for money laundering, or any other inappropriate matter. Divy It Up reserves the right, but has no obligation, to investigate your use of the service for compliance with appropriate use and terminate your access to the Service, or in order to comply with law, regulation, legal process or government request.

What you represent:

You agree to represent yourself honestly, that all of the information you provide is true, correct, and current, to the best of your knowledge, and that you have the necessary rights, power, authority, and age to agree to these Terms and to perform the acts required of you by the agreement.

No warranty:

Divy It Up, LLC does not represent that the Service is error-free, complete, or can be relied upon. THE SERVICE IS PROVIDED ‘AS IS’ AND ‘AS AVAILABLE’ WITH NO WARRANTY OF ANY KIND AND YOU ARE USING THE SERVICE AT YOUR OWN RISK. DIVY IT UP, LLC DISCLAIMS ANY WARRANTY, IMPLIED OR OTHERWISE, REGARDING THE SERVICE, INCLUDING WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR NON-INFRINGEMENT, INCLUDING FOR THE SERVICE.

Termination and Refusal of Service:

Your access to the Service may be terminated at any time, for any reason, at Divy It Up’s sole discretion. This includes the right to ban any person from the service who violates the Divy It Up Content Standards described below.

User Posted Content

Divy It Up does not allow public posting or sharing of content to the broader user community. This includes comments, posts, reviews, messages, images, or other expressive media.

When using Divy It Up’s products and services, you may have the ability to add descriptions of debts and payments. You are solely responsible for the accuracy of the content that you provide, upload or submit. We are not responsible for evaluating the accuracy, truthfulness, usefulness, legality, safety, morality or applicability of any content specified by users on Divy It Up.

Divy It Up may, in its sole discretion, reject or remove any content that violates our content standards or for any other reason we deem the content inappropriate. Divy It Up shall have no obligation to monitor content posted, uploaded or submitted by a user, but may do so at its sole discretion. Divy It Up is not responsible for any failure or delay in removing any such content.

Divy It Up Content Standards

When sharing content on Divy It Up, you may not share content that:

  • You do not have the right to share, or that is invasive of another person’s right of privacy or right of publicity. You may not share content that includes personal information meant to harass, blackmail, or otherwise target another person.
  • Is false, misleading, or deceptive. For example, you cannot change your User Avatar to misrepresent yourself as another person in a harmful way.
  • Is obscene, harmful, abusive, or offensive. We do not allow nudity on Divy It Up.
  • Incites violence or hatred toward an individual or group of individuals for any reason and especially if based on race or ethnic origin, religion, nationality, disability, gender, age, veteran status, or sexual orientation/gender identity. We will not tolerate content that contains credible threats or hate speech.
  • Is illegal, such as criminal activity, terrorism, obscenity, child pornography, human exploitation, gambling, drug use, firearms or ammunition, and piracy.
  • Is spammy, or promotes or engages in Pyramid schemes, network marketing, and referral marketing programs.
  • In Divy It Up’s sole discretion causes or exposes users or Divy It Up to real or potential harm or liability.

Privacy and Security

In order to provide the services to you we collect some of your Personal Information. We describe our collection and use of personal information in our Privacy Policy. Please review this policy. You must agree to the processing of your data as laid out in that policy in order to use our services.

You agree that Divy It Up, LLC may disclose personal information provided to us, including content of emails, messages, and data entered into the site, if required to by law or government request such as a warrant, or as specified in the Privacy Policy. You must be 13 years or older to use this service. You are responsible for preventing unauthorized access to your account.

No Liability

UNDER NO CIRCUMSTANCES WILL DIVY IT UP, LLC BE LIABLE TO YOU FOR ANY INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL OR EXEMPLARY DAMAGES (INCLUDING EMOTIONAL DISTRESS) ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF THE SERVICE, WHETHER OR NOT YOU HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. UNDER NO CIRCUMSTANCES SHALL DIVY IT UP, LLC BE LIABLE TO YOU FOR ANY AMOUNT FOR SERVICES RENDERED PURSUANT TO THIS AGREEMENT.

Fees, account services, and electronic payments

Divy It Up may charge fees from time to time for account services, transaction-related activity, wallet operations, money movement, settlement support, and related financial services. Those fees are not charges for digital content, software licenses, or payment solely to access or unlock the mobile or web application. Fee schedules, eligibility, invoicing, and renewal terms (if any) are described in the app, on our website, or in separate notices and may change as permitted by law and our policies.

When you link a bank account, fund your wallet, request payouts, or authorize ACH or other electronic transfers, you authorize Divy It Up and our bank partners and service providers (including connectivity providers such as Plaid, where used) to initiate and receive transfers you instruct, subject to verification, cutoffs, and program rules. We may delay, hold, reverse, or refuse transactions where permitted or required to comply with law, address fraud or risk, correct errors, or meet partner requirements.

Fee structure, regulated treatment, and platform-specific payment rules should be confirmed with qualified legal counsel; this section is not tax or legal advice.

Legal Terms

Indemnification:

You agree to hold Divy It Up, LLC, its employees, agents, and representatives, as harmless and indemnify Divy It Up, LLC from any third party claim arising from or in any way related to your use of the Service, including liability or expense arising from all claims, losses, damages (actual and consequential), suits, judgments, litigation costs, and attorney fees, of every kind and nature.

Modifications to the Agreement:

You agree that Divy It Up, LLC may modify this agreement at any time, effective immediately, by posting a new agreement. You agree that even if you have not personally visited the website with the new terms of this agreement, that they may have force immediately.

Severability:

If any part of this agreement is held to be invalid or unenforceable, the provision shall be deemed to be superseded by a valid enforceable provision in its place that closely matches the intent of the original agreement, and all other parts of the agreement shall be enforced.

Exercise:

You agree that the failure of Divy It Up, LLC to exercise or enforce any part of this agreement and terms does not constitute a waiver of the rights of provisions of this agreement.

Jurisdiction:

You agree that this entire agreement (including Privacy Policy) shall be interpreted according to the laws of the State of Delaware.

Entire agreement:

These Terms comprise the entire agreement between you and Divy It Up, LLC with respect to the above subject matter.

External Payment Services

Users, at Divy It Up’s sole discretion, may have the ability to access, link to (including deep links), or integrate with external payment services that enable you to send and receive payments outside the Divy It Up website or mobile applications. These links and integrations are provided on an-is and as available basis by the underlying payment service, and you agree that Divy It Up is in no way responsible or liable for transactions and service provided by a third party linked to from Divy It Up’s service.

SMS Services

Divy It Up offers the option to our customers to receive one-time passwords via SMS to verify and secure access to a cell phone number on an account. We do not use SMS for marketing. SMS message frequency varies based on sign-in or verification activity. Message and data rates may apply.

To stop receiving messages, you may remove your phone number from your account settings, or contact support at support@divyitup.com for assistance. You can also text STOP to stop or HELP for help. Phone carriers are not liable for any delays or undelivered messages.

Regulatory disclosure (summary)

Divy It Up is a financial technology platform, not a bank. User funds that flow through the program are held at a partner bank in pooled For Benefit Of (FBO) accounts for transactional and related account purposes. Divy It Up does not offer savings accounts; balances are not interest-bearing and are not intended for long-term storage. Any fees are described as relating to financial operations and account services—not payment for digital content or general access to application functionality. Partner banks and service providers are subject to their own terms and applicable law.

Contact Us

If you have any questions about these Terms of Service, please contact us at:

support@divyitup.com